The Guam Subscriber Unit License Agreement between QUALCOMM, Inc. and Repoint, Inc. is a comprehensive legal document that outlines the terms and conditions for obtaining a license to manufacture and sell Subscriber Units in Guam. It establishes a partnership between the two companies, allowing To Repoint to access QUALCOMM's intellectual property and technology to develop and market Subscriber Units. This agreement covers various aspects, including the scope of the license, royalties, intellectual property rights, confidentiality, and terms of termination. It ensures that Repoint complies with QUALCOMM's licensing policies while granting them the necessary rights to use QUALCOMM's patents, trademarks, and trade secrets in the manufacturing and sale of Subscriber Units. By entering into this agreement, Repoint gains authorization to manufacture, distribute, and sell Subscriber Units under QUALCOMM's technology. This enables Repoint to leverage QUALCOMM's expertise and innovations in the wireless communications' industry, enhancing the quality and capabilities of their Subscriber Units. The Guam Subscriber Unit License Agreement also includes provisions for quality control, ensuring that Repoint's manufactured products meet the required standards set by QUALCOMM. It may outline the procedures for quality audits, testing, and approval processes, ensuring that the licensed Subscriber Units maintain the expected performance and compatibility with QUALCOMM's technology. It is important to note that, depending on the specific terms and conditions agreed upon, there may be different types of Guam Subscriber Unit License Agreements between QUALCOMM, Inc. and Repoint, Inc. For instance: 1. Non-Exclusive License Agreement: This type of agreement grants Repoint the license to manufacture and sell Subscriber Units exclusively in Guam while allowing QUALCOMM to license the same technology to other companies. 2. Exclusive License Agreement: In contrast to the non-exclusive agreement, an exclusive license grants Repoint the sole rights to manufacture and sell Subscriber Units in Guam. QUALCOMM agrees not to license the same technology to any other company for the specified duration of the agreement. 3. Limited Term License Agreement: This agreement allows Repointing to obtain a license for a limited period, giving them the flexibility to produce and sell Subscriber Units within a specific timeframe. After the expiration or termination of the agreement, the license may no longer be valid unless expressly stated otherwise. 4. Global License Agreement: In some cases, QUALCOMM may grant Repoint a global license, authorizing them to manufacture and sell Subscriber Units not only in Guam but also in other geographical regions specified within the agreement. The specific terms and conditions of the Guam Subscriber Unit License Agreement may vary based on the parties' intentions, market strategy, and other negotiated factors. Consulting the actual agreement or seeking legal advice is essential to fully comprehend the terms and requirements involved.
Guam Subscriber Unit License Agreement between QUALCOMM, Inc. and NeoPoint, Inc. regarding obtaining a license to manufacture and sell Subscriber Units
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How to fill out Guam Subscriber Unit License Agreement Between QUALCOMM, Inc. And NeoPoint, Inc. Regarding Obtaining A License To Manufacture And Sell Subscriber Units?
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Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
Our global licensing program enables us to share our world-leading inventions with licensees so they can focus on providing the best possible products to their customers. Across more than 300 licensing agreements, over 18B devices have benefitted from licensing Qualcomm's patents.
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
These are some common types of licensing agreements: Trademark license - outlines how you may use a trademark Patent license - outlines your right to sell, use, make distribute and export a product that is patented Copyright license - outlines your right to reproduce and sell copyrighted assets.
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
A pure license doesn't ask for anything in return, it just gives you new rights. Those rights may be conditional, but the conditions are just things you have to do to get new rights. They're not conditions imposed on any existing rights you had. A contract is an agreement between two parties.
Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.
By Practical Law Intellectual Property & Technology. An agreement for the licensing of intellectual property (IP) by a parent, IP holding company, or other company to an affiliated company within the same corporate group.
A manufacturing license agreement (MLA) is an agreement between an inventor and a manufacturer, explains the University of Washington's Office of Research. The agreement allows a third party to produce and use the inventor's product for payment in royalties or a specific lump sum.